Audio By Carbonatix
Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana (BoG), says the Bank will, in 2026, focus on consolidating the macroeconomic gains achieved in 2025 while strengthening Ghana’s foreign exchange and money markets.
He said the Bank’s reform agenda for the year would prioritise measures aimed at improving confidence across the financial markets and safeguarding the stability restored in the past year.
Dr. Asiama said this at the Bank’s New Year media engagement in Accra, held to review the 2025 fiscal year and share expectations for 2026.
“For the Bank of Ghana, 2025 was a year of restoring macroeconomic stability, rebuilding confidence in policy, and re‑establishing order across key segments of the financial system. At the macroeconomic level, the Bank’s foremost priority was anchoring inflation expectations and restoring stability,” he said.
The Governor emphasised the crucial role of the media in promoting transparency in economic governance, describing a free, independent, and responsible press as a cornerstone of democracy.
He noted that although monetary and financial policy issues were often complex, journalists played a vital role in simplifying and clarifying such matters for the public. He announced that the Bank’s digital finance agenda for 2026 would focus on resilience and robust safeguards as usage continued to expand.
“Oversight will be strengthened to ensure consumer protection, sound governance, and system reliability, while innovation proceeds within clear regulatory boundaries,” he said.
Dr. Asiama said programmes introduced in 2025 and continuing into 2026, including those relating to gold and other reserves, would transition into more sustainable, institutional, and fiscally responsible arrangements.
“Our expectation as a central bank is not mere compliance but responsibility — accuracy, balance, and context,” he said.
He explained that the Bank’s policy decisions remained data-driven and forward‑looking, with a firm commitment to maintaining stability.
“We do not respond to pressure, we do not respond to speculation, and we do not respond to sentiments. We respond to evidence, risks, and the medium‑term outlook for price and financial stability,” he stressed.
Dr. Asiama reiterated that the Bank prioritised stability over speed, adopting policies that were sustainable even when difficult in the short term. He added that the central bank functioned
as an institution guided by established frameworks and collective decision‑making informed by rigorous analysis.
He highlighted progress made in capital market development in 2025, particularly ongoing discussions around encouraging bank listings.
“Working with market regulators and stakeholders, the Bank supported efforts to enhance the use of public markets to strengthen governance, transparency, and market discipline within the financial sector,” he said.
The Governor also announced the introduction of an internal media recognition initiative dubbed the Governor’s Economic and Financial Story of the Year, designed to promote accurate, insightful, and innovative reporting across traditional and digital platforms.
The winning journalist will be sponsored to attend the annual IMF–World Bank Meetings.
Dr. Zakari Mumuni, First Deputy Governor of BoG, lauded the gains made in the financial sector, noting that currency stability was a collective national achievement. He emphasised that central banking relied on trust, and urged the media to maintain responsible reporting to enhance public confidence.
Latest Stories
-
2026 World Cup: Cape Verde hold Spain to goalless draw in opener
2 minutes -
Only 47% of ‘Big Push’ projects awarded through sole-sourcing — Gov’t
6 minutes -
2026 World Cup: Tunisia sack Sabri Lamouchi after opening match defeat to Sweden
10 minutes -
CSOs petition NTC over alleged teacher–student altercation at Nyinahin SHS
11 minutes -
Photos: President and political appointees present GHs6.1m to MahamaCares Fund
11 minutes -
Children engaged in hazardous illegal mining and farming practices drive dropouts in schools in Tano North
12 minutes -
Court strikes out application to dismiss East Legon property case
35 minutes -
Dozens walk out as Google boss Pichai addresses Stanford graduates
37 minutes -
NPP Constituency Chairman petitions regional executives over alleged election irregularities in Afigya Sekyere East
52 minutes -
Flood prevention requires collective action, not seasonal reactions
1 hour -
China detains two leaders of influential underground church
1 hour -
African brands gain modestly in consumer admiration, but global giants still dominate
1 hour -
Ghana has only two functional MRI machines in public hospitals – MahamaCares Assessment
2 hours -
IMF chief says no global slowdown in sight yet, but risks high
2 hours -
Advancing Ghana’s position in Global Business Services at the Executive Roundtable in London
2 hours